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Stocks COTY DCF valuation

DCF valuation

What is Coty Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Coty Inc.'s reported free cash flow gives $4.15 per share. The share price was $4.33 on November 10, 2026, 4% above that value.

Inputs from the filings

Free cash flow, fiscal 2026
$348.2M
Average free cash flow, last 5 years
$390.1M
Cash
$210.6M
balance sheet of September 30, 2026
Debt
$2.75B
balance sheet of September 30, 2026
Diluted shares, fiscal 2026
877,400,000
Revenue growth per year, last 5 years
4.6%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-0.5%0.5%2.0%10.0%$1.47-66%
Base4.5%3.5%2.5%9.0%$4.15-4%
Bull9.5%6.5%3.0%8.0%$9.38+117%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$6.06$6.65$7.36$8.24$9.38
8.0%$4.64$5.02$5.46$6.00$6.65
9.0%$3.60$3.85$4.15$4.50$4.91
10.0%$2.80$2.98$3.19$3.43$3.70
11.0%$2.17$2.31$2.46$2.63$2.82

Where the presets come from

Base: years 1 to 5 grow at Coty Inc.'s revenue growth rate over the last 5 fiscal years (4.6% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Coty Inc. company page